Creating and Managing Economic Competitiveness: Saudi Arabia General Investment Authority

Discrimination plays a wide role in Saudi Arabia and it is extremely high and need to be brought up so that the violence that is being done to the women out there can come in control. As we know the thinking of people in Saudi Arabia is very low when it comes to so they are not given a fair chance when it comes to employment. Only women remained inferior to men under family law, they are repudiate equal employment opportunities with men, they are banned

Saudi Arabia is a country in Southeast Asia with a population of approximately twenty-seven million people. Of that twenty-seven million people, it is estimated that 30% of them are migrant workers. ("Saudi Arabia Demographics Profile 2014.") The sex ratio of this country is about 1.21 men for every 1 woman, with the

Q3) Does IT play a major role in TJX and the retail industry in general? Explain.

Djibouti, a small African country located at the forefront of the Suez Canal, has a economy and employment sector that heavily relies on its ports. (BBC, Country Profile) Of the 800,000 population of Djibouti, approximately 42 percent of those people are categorized as below the poverty line. In addition the economy has been at a stagnant growth at around three percent. The economy for the past decade or so has a GDP that is compromised of almost 80 percent related to the service industry. This has subsequently led to a crippled economy that is barred with enormous costs related to labor and small productivity rates. There is also a huge gender gap with regard to

United Arab Emirates continues to develop its interest with missile defense while oil has been the focal point in UAE’s economy and continues to contribute tremendously to economic prosperity. A determined and far-seeing policy of economic diversification has fortified the result of non-oil sectors now account or 69 per cent of funds contributing to the economy with oil supplying the remaining third (“UAEinteract,” 2016). Trade has also played a significant role in the economic life for many centuries. Economic growth has steadily gone up due to a short-lived

Let’s begin by admitting that Saudi Arabia was the source “from which the bloody waters of global jihad flowed”. (Peters, 2016) Since the House of Saud became oil-wealthy, they have promoted the radical Wahhabi cult of Islam. (Crooke, 2014) And, let’s not forget that all of the 9-11 hijackers were from Saudi Arabia.

One to take away from UAE’s strategy that Saudi Arabia needs to start implementing now is “social engineering is better at changing civic attitudes than economics one” (Jones). The changes that were made allowed for the UAE to have “successful efforts at economic diversification” (Indexmudi.com).

Saudi Arabia, the 13th largest country in the world by area, is an Arab state in Western Asia, in a region commonly known as Middle East. It constitutes the massive part of the Arabian Peninsula. Saudi Arabia is divided into 13 provinces, Fig 1, each with a capital city. Every year, these 13 provinces develop independently budget estimations of operational and new establishments plans for their public sectors such as health care systems, educations, transportations and so on, and submit these plans to a central government for approval and financing. The total population of all these 13 provinces,

Saudi Arabia has been over a rare revolution from a humble nomad life to the current contemporary life it is currently. This transition needed high exertion, strategies as well as policies in the 20th century to take the Asian nation to its present position. As noted by Roy (2009), the Saudi Arabian economy is one of the largest in Asia and has been rising at a vigorous pace as well as fruitful in providing employment. Nevertheless, most of the jobs go to foreign employees, yielding high redundancy among the promptly budding Saudi labor force.

Saudi Arabia is the largest free market economy in the Middle East and North Africa, with a 25% share of GDP, and its geographical location provides easy access to export market in Europe, Asia and Africa. It is know that the main income of the Saudi economy is oil, which makes Saudi Arabia rank to be first in the world in oil precaution, oil production and oil exportation to reach 25% of the total wold oil precaution and other natural resources including a large range of industrial raw materials and mineral such as bauxite, limestone, gypsum, phosphate and iron ore. This allow to Saudi Arabia to be a one of the top 20 economic stability in the world.

This study seeks to explore the impact of these revolutions on the directions of its foreign , and the framework of inter-relationships between the Arab countries in an attempt to find out the features of the future of the Arab scene next . There is no

The economy of Saudi Arabia is centered on oil hence entrepreneurship has also tended to be focused on oil and

Another major contrast, is that Canada has a liberal developed economy with an emphasis on market based resource allocation. In contrast, UAE as an economy, the development has just taken place and have short history in job quality with limited rules, rights and labor standards. This may have arisen due to oil revenue, a base of few institutions and a basic economy.

The labour market in Saudi Arabia is flooded with expats who take up most of the skilled jobs in the kingdom. As per a research by Gulf Talent(2014) In 2013 there was an increase in job creation of around 5% from the previous year at a 62% which is the highest job creation ate within the GCC. As per the official data from Saudi ministry the expatriate labour force amounted to over 8 million the most from India, Pakistan and other South East Asian countries (Steffen Hertog, 2012). In 2003 the Saudi Labour Council came up with Saudization in an effort to reduce the unemployment rates which were at 10% of the total work force and reduce the number of expatriates to approximately 20% of the entire local population (Pakkiasamy, 2004).

The concept of national competitiveness has become a key issue to managers of firms and understanding it has important ramification for policy makers as well. While most agree on the idea of competitive firms, the notion of competitive nations is vague at best. Even with all the debate, discussion, and research there is still no pervasive theory. In fact, there is not even an accepted definition. Classical economic theorists dismiss the concept of competitiveness all together and instead look to comparative advantage and the drivers of trade surplus to explain national prosperity as a positive sum game. Harvard’s Michael Porter approaches the subject from a different view, asserting that defining competitiveness as